Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
Days2632Days on Market
Views1view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$2,400

23218 Prairie Lily Ln, Katy, TX, 77494

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,986 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.21 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringLaminate, Tile

Exterior

Lot Size5,987 sqft

Building Information

Year Built2005
Stories1
Roof Type105
Garage Spaces2

Land Information

APN6780-11-001-0170-914
Lot Number17
SubdivisionSeven Meadows Sec 11
Land UseResidential
Legal DescriptionSEVEN MEADOWS SEC 11, BLOCK 1, LOT 17
Census Tract673104
Assessed Land Value$68,900
Assessed Improvement Value$296,449
Assessment Year2025

About this property

Welcome home to this beautifully maintained David Weekley one-story home in the highly sought-after master-planned community of Seven Meadows! This 3-bedroom, 2-bath home offers an open-concept floor plan with a spacious island kitchen featuring granite countertops, abundant cabinetry, and generous counter space—perfect for everyday living and entertaining. No carpet! Beautiful hard-surface flooring flows throughout the home, creating a clean, modern feel. The private primary suite offers double sinks and a separate shower, while the secondary bedrooms provide flexibility for family, guests, or a home office. Enjoy a large backyard and a convenient location just minutes from shopping, dining, parks, and major commuter routes. Zoned to award-winning Katy ISD schools, including Seven Lakes High School. Tenants also enjoy access to Seven Meadows’ exceptional amenities, including pools, tennis courts, parks, playgrounds, and walking trails.

Investor Tools

$192,131Estimated Mortgage Balance
$247,594Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,634 /month
Positive
Cash Flow Estimate:
$878 /month

Interested in this property?

Osneyda Canales

Keller Williams Premier Realty

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$682/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,988
$365,349
2025
$68,900
$296,449
$365,349
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,988
$365,349

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
East Capital Funding Llc
Conventional
$210,000
No
First
Nov 16, 2021
Dec 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$192,131
$235,869
55%
44%
$1,260/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$1,260/mo
+$1,320/mo
7.1%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Katy

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

23218 Prairie Lily Ln | Property Details | No Agent List